You earn by finishing.
You neither earn or learn by warming a seat.
Who has the most effective programs for getting an agent to the earning stage? (Assuming this is your intent)
When you talk to those various brokers, ask to see the office productivity numbers. These numbers ARE the validation of the office programs. The PPT and glossies have a different intent.
The national average for the 2nd thru 6th franchises in the country is 6 transaction per year per agent. The office with a REAL program will knock the socks off of 6 transactions a year per agent average.
When you identify the highly productive office, you have also identified the office that can teach you through doing. Simply do what they tell you to do. It's not rocket science.
Best of success to you,
Annette Lawrence, Broker/Associate
Remax Realtec Group, Palm Harbor, FL
727. 420. 4041
Let's chat about real estate: http://www.RealEstateMadeEZ.us
EXIT Realty Upper Midwest
This company offers agents the opportunity to build their own team and an additional income. If you have questions there is always someone to help you out!!
Good luck to you!
Mindy Huls EXIT Huls Realty
I'd steer clear of any office that offers "training." Training is for monkeys in a circus. You need MENTORING. The difference is that mentoring involves hands-on LEARNING BY DOING.
This is a tough thing to do part time and you are starting your career in a challenging market. Hang in there. Best of luck.
Congratulations, I hope you passed your California exam!
You have an advantage over most new licensees since you are used to sales and customer service. As a new licensee there are so many things to learn and choosing the right office can become overwhelming at times. I would suggest that you start researching the companies online and see what the offices can offer. You want to make sure you choose a company that provides you the mentoring and training you will need as a new agent.
I joined EXIT Realty in 2004 and haven't looked back since. Check out the link to a video testimonial and see why agents are choosing EXIT Realty. If you are interested we do have an office in San Diego, EXIT Stepping Stone Realty, I would be happy to introduce you to the broker Maria Atkinson.
You're already more fortunate than most "agents" because you have sales experience. Most agents start part time unless they have 6 months of living expenses saved up... or a spouse to carry them. The failure rate can be intimidating and that's just because sales don't always happen by day 2 or day 30 in this business. It takes 30-45 days to wrap a deal up and get paid, you will invest a lot of time, energy, and your own money to get off the ground.
You can go two routes, pick one of the big name companies like C21 or Prudential and soak up all the real estate training they offer... sure the split may be high but with the training and "big name" you'll get a good start. Or go to a 100% office with monthly fee's and invest in your own training.... no matter what company you go with you'll be running your own business as an Independent Contractor.
I recommend this book "21 things I wish my Broker had told me"
East Coast Realtors, Inc
I recommend finding a great mentor whom you can trust and seek their advice along the way.
Best regards and work smart!
First, the very best to you in your venture!
Here are some simple tips, and some advice:
1. Given you are looking at working part time, most business you get will come from friends.
2. Find a company where your comfortable and offers training. Keller Williams has a good model and you can get the training material to read.
3. It will be difficult to "shadow" and experienced agent working part time. If you have a friend who is experienced (10 years+ and is making money today), ask them for advice.
4. Know this is a complex business with many details and people to manage. Most of the details = legal exposure for your client, yourself and your Broker. Follow the advice of someone experienced and know that the job is to protect and take care of your client.
5. Develop a business plan and execute it. Tweak it as you go to adapt to the things you learn.
6. Stay organized, it will save you time and money.
Best of luck to you,
Mark & Kari Shea
Shea Real Estate
Home Sales Specialists; New and Resale Homes
Property Valuation Specialists
Land Sales, Acquisitions & Consulting
Serving Greater San Diego
As with any other profession, getting a license should be viewed as only the first in beginning a process. The real skills will be developed from this point forward. Being a part time agent will likely slow your process as well as your ability of experiencing success. Consider obtaining additional RE designations that will broaden your knowledge base and hopefully open doors for you providing contacts and resources.
The best training available for new agents comes in the form of "mentoring." Unfortunately, this arrangement isn't viewed by all agencies as a critical ingredient for nurturing success, so you may need to do some searching. A good mentoring program will put you in the trenches, shadowing experiences professionals in every aspect of the business and you should be able to plan on some amount of cash rewards as well.
Please accept our best wishes,
To those Who asked, I live in the San Carlos/Del Cerro area and would like to focus on that area if possible.. Another area that I feel like I would have potential in is Rancho San Diego!!
If you guys have any advice on those areas that would be awesome.. Thanks again and I will contact those of you that offered the help once I pass :)
Important things to consider:
1) what is your territory
2) who has the best training, forget about the splits initially.If you are down south, you can find a better broker than Terri Dillon, I will put you in contact with her.
Hector R. Gastelum
Realty Executives Dillon
My suggestion is to join a company that will give you the best training and don't worry about your split. There is a lot about this business that you won't learn by passing the test. Do your homework and interview with many companies to find the right match. Most of the companies have a mentor program that you need to join.
DRE Lic# 01346232
I wish you well in taking the exam. Once peice of advice I'll give you is that always be true and honest to yourself, your clients and others in the field. I started at a big company when I started real estate (Coldwell Banker) and gained great knowledge by many of the seasoned agents there, and use that knowledge every day. They also have turned out to be my greatest friends as well. I also knew when it was time to move on and do what was best for me and my clients. You will see its all a learning experience and no day is ever the same in real estate.
I would have to say that all depends on what area of San Diego you would be specializing in and the timelines with regard to market time on active, pending and solds. The best advice I could give you if you are going to pursue part time, would be to work with your friends and family first to establish yourself. You could also refer your deals to an experienced agent like myself and put cash in your pocket while learning behind the scenes and learn the ropes that way. It sounds like to me that you have the sales ability and now you just need to plug in those skills to the Real Estate business. Feel free to contact me directly to discuss further. I hope this helps as we were all brand new at one time!
David R. Indermill
Re/Max Associates La Jolla
Re/Max Hall Of Fame
Should you ever look back on this thread you may want to consider thanking your fellow Trulia members by responding to some of their comments, awarding some worthy thumbs up and most importantly awarding someone a best answer.
I see you've only replied one time since you asked your question and there have been several subsequent comments. These RE professionals have taken time out of their very busy day to stop what they were doing and offer up some very sound advice. Please let them know you care and appreciate them as well.